FPPFX vs. FZACX
Compare and contrast key facts about FPA U.S. Core Equity Fund (FPPFX) and Fidelity Advisor Diversified Stock Fund Class Z (FZACX).
FPPFX is managed by FPA. It was launched on Apr 2, 1984. FZACX is managed by Fidelity. It was launched on Aug 13, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FPPFX or FZACX.
Key characteristics
| FPPFX | FZACX |
|---|
Correlation
The correlation between FPPFX and FZACX is 0.84, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
FPPFX vs. FZACX - Performance Comparison
The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FPPFX vs. FZACX - Expense Ratio Comparison
FPPFX has a 1.16% expense ratio, which is higher than FZACX's 0.48% expense ratio.
Risk-Adjusted Performance
FPPFX vs. FZACX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for FPA U.S. Core Equity Fund (FPPFX) and Fidelity Advisor Diversified Stock Fund Class Z (FZACX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
FPPFX vs. FZACX - Dividend Comparison
FPPFX has not paid dividends to shareholders, while FZACX's dividend yield for the trailing twelve months is around 0.40%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FPPFX FPA U.S. Core Equity Fund | 0.00% | 0.00% | 15.72% | 7.86% | 2.72% | 2.01% | 1.24% | 0.45% | 0.88% | 424.63% | 7.53% | 7.14% |
FZACX Fidelity Advisor Diversified Stock Fund Class Z | 0.40% | 0.52% | 0.80% | 0.54% | 0.47% | 0.77% | 0.77% | 1.33% | 1.56% | 1.72% | 11.11% | 2.45% |
Drawdowns
FPPFX vs. FZACX - Drawdown Comparison
Volatility
FPPFX vs. FZACX - Volatility Comparison
The current volatility for FPA U.S. Core Equity Fund (FPPFX) is 0.00%, while Fidelity Advisor Diversified Stock Fund Class Z (FZACX) has a volatility of 4.24%. This indicates that FPPFX experiences smaller price fluctuations and is considered to be less risky than FZACX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.